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Nov 1, 2012
11/12
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i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> this hurricane really has muddled things up when it comes to insurance regulations because noaa came up with a new definition. not a hurricane. wasn't a tropical storm. it was a post-tropical event or a super storm. brachbd new category. why is this a problem? because most insurance policies are based on definitions. if it's a hurricane, the deductible requires the owner pays a percentage of the damage to the home. if it's a tropical storm, you just get the flat deductible. usually cheaper. now some governors of some sta
i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully...
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Nov 2, 2012
11/12
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richard kelly is joining us. welcome. >> good morning. >> let's start quickly with the impact of the storm bigger than anyone first thought. what impact will have from a macro point of view? >> the estimates always get revised up about so it still may be slightly meer. but even $30 billion to $50 billion puts you at gdp. and then that does not include the fact that there is some sort of rebuilding that you for being tore in. >> is it fair to say the bigger the drop, the bigger the bounce back or is that not always true? >> it's not always true. it depends how much of a long term impact there have been. we can go back to katrina which was the largest destruction where the actual costs were around $150 billion. >> you can go to our website to find out why new york is looking a lot leak amsterdam fp has something to do with bicycles. and you can tune in tonight at 8:00 p.m. for hurricane sandy coming together, a benefit concert to aid victims of the storm. hosted by matt lauer. the concert will feature performances
richard kelly is joining us. welcome. >> good morning. >> let's start quickly with the impact of the storm bigger than anyone first thought. what impact will have from a macro point of view? >> the estimates always get revised up about so it still may be slightly meer. but even $30 billion to $50 billion puts you at gdp. and then that does not include the fact that there is some sort of rebuilding that you for being tore in. >> is it fair to say the bigger the drop, the...
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Nov 7, 2012
11/12
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scott, what can you tell us? >> reporter: first of all when ohio is the state that put romney over the top as many suggested, you get the reaction from the very pro-obama crowd here. but let me take you through what the issue is with ohio and why, perhaps, the romney camp is not conceding it yet. the two candidates with the raw vote totals now, about 75% of the raw votes in, separated by about 30,000 votes. that's not enough when you start figuring in the provisional ballots. remember we talked about 200,000 provisional votes that -- provisional votes likely to be counted. they start count of that in ten days. here's the thing the obama camp may have going for it. the results that we're still waiting for are largely from the urban areas where obama was running strong. hyahoga county near the cleveland area, the cincinnati area. these are the areas where we would expect that as the returns come in president obama would run strong and perhaps overcome anything that romney could make up with the provisional ballots.
scott, what can you tell us? >> reporter: first of all when ohio is the state that put romney over the top as many suggested, you get the reaction from the very pro-obama crowd here. but let me take you through what the issue is with ohio and why, perhaps, the romney camp is not conceding it yet. the two candidates with the raw vote totals now, about 75% of the raw votes in, separated by about 30,000 votes. that's not enough when you start figuring in the provisional ballots. remember we...
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Nov 6, 2012
11/12
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abilitily behind us. right. today's move in the market, do you believe it? there is some confirmation from the transports but at the same time, the volume isn't quite what i think some people would like to see. what's your read on it? >> actually, volume's a little bit lower than yesterday by about, i would say 30 to 50 million. it clearly looks like a reflation play. if you look at gold and you look at oil and you look at several of the commodities, you could say the dollar is weak but not as weak as indicated. >> percentage based? >> yeah. i think it is suspect. on election day i have been going through these for 50 years there are always whacky rumors, there was a broken machine and when they went to fix it so-and-so was ahead eight times. you know, they are never, ever true but markets move on them. >> sure do thanks, old friend. good to see you, arthur, as always. art carbon. >>> big week for media earnings, discovery and liberty media already out. rupert murdock's news corp reports after the bell, d
abilitily behind us. right. today's move in the market, do you believe it? there is some confirmation from the transports but at the same time, the volume isn't quite what i think some people would like to see. what's your read on it? >> actually, volume's a little bit lower than yesterday by about, i would say 30 to 50 million. it clearly looks like a reflation play. if you look at gold and you look at oil and you look at several of the commodities, you could say the dollar is weak but...
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Nov 7, 2012
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it's going to take all of us. america can be stronger and stronger if we stop letting our politics pull us apart. >> you voted for the president winning re-election. do you think chris christie put the state over the edge in terms of helping the president with his support of the president during hurricane sandy? >> no. chris christie has got a lot of pulls but he could have had a thousand other people pulling with him but there is no way the state was going to go for mitt romney. it wasn't going to happen. >> it was very clear to me that new jersey, new york, and states like ours would stay in the barack obama column. >> thanks so much. >> we will see you soon. >> phil? >> currently i am joined by will i. am with the black eyed peas. why did you come here tonight? >> i wanted to come here, i was here in 2008. being here in 2008, going to the community that i come from to soak up the inspiration and the energy to go back to that ghetto that i come from and rinse it out. o give them some sense responsibility individ
it's going to take all of us. america can be stronger and stronger if we stop letting our politics pull us apart. >> you voted for the president winning re-election. do you think chris christie put the state over the edge in terms of helping the president with his support of the president during hurricane sandy? >> no. chris christie has got a lot of pulls but he could have had a thousand other people pulling with him but there is no way the state was going to go for mitt romney. it...
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Nov 5, 2012
11/12
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does it really do us much good. pmi reading sub 50 with qe -- >> is the government going to be outvoted this week? his comments have seen to be pinned more towards more rather than lessor not doing anything. charlie bean came out and said i can't see the point of it. >> one thing this economy isn't suffering from is too much growth. so it's not -- the fls is the weapon of choice right now. >> it's a bit of a struggle to figure out what the message is here for the uk economy. you have the employment set of figures which has been stronger than the gdp figure until the gdp figures showed a rebound in the third quarter which now the composite pmi might be fleeting and it points towards weaker growth ahead. >> you have to strip out all of the noise. for my money, we've been growing at about a quarter percent quarter on quarter so not brilliant, but not a disaster either. i think they will start to cool off here the post owe him tick layoffs and they should cast down in reality, but i've said that the last four or five mo
does it really do us much good. pmi reading sub 50 with qe -- >> is the government going to be outvoted this week? his comments have seen to be pinned more towards more rather than lessor not doing anything. charlie bean came out and said i can't see the point of it. >> one thing this economy isn't suffering from is too much growth. so it's not -- the fls is the weapon of choice right now. >> it's a bit of a struggle to figure out what the message is here for the uk economy....
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Nov 2, 2012
11/12
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i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> welcome back. we'll start with the ipad mini hitting shelves today. john ford is live outside the apple store in palo alto with a look at what's going on there. morning, john. >> reporter: good morning, carl. by now it's a familiar sight. you can take a look at this video. this is a few minutes ago when people began streaming into this new store a couple blocks from the older store in palo alto. there were 50 to 75 people in line. that counts as mini line for the ipad mini, at least by apple iphone launch standards. and
i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully...
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Nov 6, 2012
11/12
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our meteorologist todd gross is joining us. tell us what is likely to happen. >> the problem is not that it's going to snow in some spots, it's where it's going to snow. i will's explain that in a moment. there it is finally formed, of course, the computer maps tell us it will be there and actually there moving up the coastline, you can see the radar and satellite, so you are actually seeing it form right now let's check out how it will look tomorrow though as it moves up the eastern seaboard tomorrow, we will see an area of rain, heavy rain and gusty winds spread forward from washington, d.c. through new york city and up to boston. the worst being around the new jersey shoreline and especially long island out to cape cod. then tomorrow night you can the situation changes and here's where it gets really dice i is it was supposed to snow inland over the mountains. it now looks like a more compact area around the suburbs. western connecticut, other areas under the gun here. wouldn't you know it the areas just getting back on thei
our meteorologist todd gross is joining us. tell us what is likely to happen. >> the problem is not that it's going to snow in some spots, it's where it's going to snow. i will's explain that in a moment. there it is finally formed, of course, the computer maps tell us it will be there and actually there moving up the coastline, you can see the radar and satellite, so you are actually seeing it form right now let's check out how it will look tomorrow though as it moves up the eastern...
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Nov 5, 2012
11/12
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at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >> we have a chance in this country to make this be the american century. this gas thing is huge. the gas and oil that we have found is in the first inning. it's like the internet in 1990. we're in the first inning of a great american century unless we get whacked. >> jack welch on "squawk" this morning. an appearance that had a few memorable moments. warren buffett calling in. like t
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar...
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Nov 20, 2012
11/12
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joining us is reporter at nbc news. chapman, thanks for joining us. there's a temporary hold on any ground operations, but how easy is to get from that to a wider cease fire? >> to add to the growing call, hillary clinton is on her way to the region now to add her weight behind the cease fire. now, she along with secretary general ban ki-moon of the u.n., they will push for the cease fire. she first meets in israel with netanyahu to try to see what she can do to get the cease fire in order. because this is day seven now of this conflict where it continues. overnight the israeli defense force targeted 100 different attacks within gaza by air and sea, targets they said were necessary to stop the flow of missiles and rockets out of gaza, underground bunkers, store am depots and even financial institutions for hamas. this morning militants within gaza responded with volleys of rocket there is to israel -- into southern israel in response to the overnight attacks. so there's a growing call for this cease fire particularly over 100 people killed within gaza
joining us is reporter at nbc news. chapman, thanks for joining us. there's a temporary hold on any ground operations, but how easy is to get from that to a wider cease fire? >> to add to the growing call, hillary clinton is on her way to the region now to add her weight behind the cease fire. now, she along with secretary general ban ki-moon of the u.n., they will push for the cease fire. she first meets in israel with netanyahu to try to see what she can do to get the cease fire in...
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Nov 7, 2012
11/12
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at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> welcome back. the two lines at the bottom of the screen will
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading...
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Nov 7, 2012
11/12
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e-mail us. you the tweet us or direct to kelly. that's going to be just another subject for debate. let's remind you, everybody, where we stand with the results at the moment. >> that's right. we'll get into the treasury secretary discussion in a little bit, too. stick around for that one. in the meantime, i just want to draw your attention to this little state right here. yes, ladies and gentlemen, it's ohio and it's blue this morning. one of the key reasons why this race has gone to president obama, you can see the delegate count, the latest from nbc. 206 for mitt romney to obama's 303. the one to watch all of this, our own phil lebeau is joining us from -- i'm sorry, phil, you're in chicago. what am i talking about? he's at president obama's campaign headquarters in chicago. but, phil, ohio is one of the reasons why president obama was able to deliver that victory speech earlier today. >> absolutely, kelly. it's the midwest fire wall that we've heard so much about. the president was counting on victories in ohio, wisconsin, iowa. he got those. and in fact, when he declared victor
e-mail us. you the tweet us or direct to kelly. that's going to be just another subject for debate. let's remind you, everybody, where we stand with the results at the moment. >> that's right. we'll get into the treasury secretary discussion in a little bit, too. stick around for that one. in the meantime, i just want to draw your attention to this little state right here. yes, ladies and gentlemen, it's ohio and it's blue this morning. one of the key reasons why this race has gone to...
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Nov 1, 2012
11/12
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that's what's worrying people. >> keep us updated if they do call back, tell us what they say. thanks for the report. >>> new york's major airports may be back online but the domino effect is still slowing air travel all around the country. we're going to find out what, if anything, can be done to better prepare our airports. >>> we're going to be talking to pimco's bill gross and get his take on how new york and new jersey are going to pay for sandy. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call
that's what's worrying people. >> keep us updated if they do call back, tell us what they say. thanks for the report. >>> new york's major airports may be back online but the domino effect is still slowing air travel all around the country. we're going to find out what, if anything, can be done to better prepare our airports. >>> we're going to be talking to pimco's bill gross and get his take on how new york and new jersey are going to pay for sandy. [ male announcer ]...
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Nov 2, 2012
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>> john sweeny is with us. he joins us along with bob. good to see you, gentlemen. thanks for joining. when you seeinstinct? do you want to sell into this or look for opportunities on the buy side? >> we try and have focus, remember that they are investing for the long term. as long as they can construct a portfolio that matches their time, they can eliminate some of the noise they're seeing day to day in the markets. >> so where would you be allocating capital here? >> we try to bring people back to their goals. if your retirement is still 10 to 20 years away, you want to sustain any inflation or volatility. getting too focused in the short term is potentially doing a disservice to investors who may pull capital off the table amid concerns in europe or the u.s. debt crisis in the last 18 months and have potentially missed out on the rally we've had here in the u.s. >> bob w the magnitude of the selloff now, we're now negative for the week for the dow and the nasdaq. that's the fourth week in a row for the nasdaq. why the selloff right now? what's going on? >> i'll
>> john sweeny is with us. he joins us along with bob. good to see you, gentlemen. thanks for joining. when you seeinstinct? do you want to sell into this or look for opportunities on the buy side? >> we try and have focus, remember that they are investing for the long term. as long as they can construct a portfolio that matches their time, they can eliminate some of the noise they're seeing day to day in the markets. >> so where would you be allocating capital here? >>...
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Nov 7, 2012
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thanks for joining us. your thoughts on what has happened in virginia and throughout the country so far. we are neck and neck in terms of electoral votes. 162 for the president and governor romney. >> i never thought it would be anything other than just as you described it. very close and very tight. i expect the president to win. i hope he does. i think that will change. as a matter of fact, i bet a penny before i came home to say that he would change. around the country, i would be surprised if romney carried all of those swing states that have been described just now. i see obama winning the election. i hope that virginia is in the winning column with him. i think a lot of people feel like i did when i feeted for him. he needs a second term to prove what he has started and that he can improv upon it. but he can't do it unless he's there. things are so bad in this country. to trust it to someone who does not have the experience to spend four years learning the job or even two years is too much time. >> go
thanks for joining us. your thoughts on what has happened in virginia and throughout the country so far. we are neck and neck in terms of electoral votes. 162 for the president and governor romney. >> i never thought it would be anything other than just as you described it. very close and very tight. i expect the president to win. i hope he does. i think that will change. as a matter of fact, i bet a penny before i came home to say that he would change. around the country, i would be...
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Nov 2, 2012
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at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. >>> i'm bill griffeth coming up on "closing bell." will the bet than expected october employment report affect tuesday's election? well, the head of one of the nation's largest -- in fact, the fastest growing labor union in the country will join us. >>> also, is there any end in sight to the new york area's gas shortage? boone pickens weighs in for you. >>> how will super sandy affect clorox? they make everything from bleach to garbage bags. we'll ask the company's ceo coming up. >>> see you at the top of the hour for last hour of the trading day. julia boorstin has our "market flash" for us. >> that's right, bill. groupon shares off by nearly 8% today. that brings the groupon stock down by more than 80% since its ipo price of $20. this has groupon hits its one-year anniversary of its ipo on sunday. on the heels of amazon last we
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. >>> i'm bill griffeth coming up on "closing bell." will the bet than expected october employment report affect tuesday's election? well, the head of one of the nation's largest -- in fact, the fastest growing labor union in the country will join us. >>> also, is there any end in...
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Nov 2, 2012
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brian shactman joining us. we understand there is going to be a press conference at any moment. we will bring that to you as soon as we get it. meantime, to our traders, two of you are native new yorkers and first time that i can remember so many were up in arms and against having the marathon, which has been a terrific event every single year in the fall, dan? >> yeah, you know, to me it was an impossible situation for the mayor and for all parties involved. here i am, i'm up in syracuse, new york, in my hometown displaced with my family. i didn't feel a lot of angst or rage or anything about this the decision to go on with it. you know, but a lot of people have been severely inconvenienced and, you know, i feel like it's been really not a problem for me. i had a place to go when we got out and that sort of thing. a lot lost their homes and lost a whole heck of a lot and lost their lives so to me it just didn't feel like an appropriate time to do it. not for people like me who had a place to go. but really for a lot of people who are hurting right now. so, you know, at the end
brian shactman joining us. we understand there is going to be a press conference at any moment. we will bring that to you as soon as we get it. meantime, to our traders, two of you are native new yorkers and first time that i can remember so many were up in arms and against having the marathon, which has been a terrific event every single year in the fall, dan? >> yeah, you know, to me it was an impossible situation for the mayor and for all parties involved. here i am, i'm up in...
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Nov 1, 2012
11/12
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at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> welcome back to fast money. chesapeake trading lower after reports the company lost $2 billion on the gas prices being lower. earnings were in line while 2.7 billion on the top line was better than expect on revenues. third quarter oil production nearly doubled. but nat gas did too. it was up 19%. despite the fact that they caught up on the number of rigs. >> eps is better, revenues much better. prod
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start....
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Nov 2, 2012
11/12
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thanks for bearing with us today. we're tight on time but we'll catch you later. >> money in motion 5:30 p.m. eastern time. next on "half," did atlantic city's casinos finally catch a break? plus we're trading the biggest movers, pops and drops, straight ahead as well. >>> welcome back. here's a bit of good news -- atlantic city's 12 casinos can reopen immediately after being hit by hurricane sandy. governor chris christie allowed gambling to start up again as early as 10:00 a.m. eastern today despite some of the devastation there. but looks like some folks will be getting back to work. most importantly. then other folks obviously will have an opportunity perhaps for some leisure in the face of all this. >>> czr the most impacted. >> this is the first bit of good news they've had in a while. just a couple days ago they announced they weren't going to be expanding into macao. they got a downgrade yesterday, i believe. this is good news for both caesars and for those employees who need the job, as well as people who wou
thanks for bearing with us today. we're tight on time but we'll catch you later. >> money in motion 5:30 p.m. eastern time. next on "half," did atlantic city's casinos finally catch a break? plus we're trading the biggest movers, pops and drops, straight ahead as well. >>> welcome back. here's a bit of good news -- atlantic city's 12 casinos can reopen immediately after being hit by hurricane sandy. governor chris christie allowed gambling to start up again as early as...
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Nov 1, 2012
11/12
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at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. >>> hurricane sandy will go down as one of the costliest storms in u.s. history. what does it mean for insurance stocks? morgan stanley is cutting its earnings by an average of 26%. after sandy. so stephanie link, if you have insur insured losses, some of the numbers hitting 50 billion could go higher. how are you thinking about the space today? >> there are some companies that are going to fair better. something like an aig which has surplus insurance, they have a better pricing power, so they can quickly raise prices, where as an all-state or travelers won't be able to price as aggressively. in terms of aig, the reason we own it, this is obviously a horrible situation, but i think it will be contained somewhat in the fourth quarter, maybe the first. it's really cleaned up its balance sheet and focusing on two business lines. ca
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. >>> hurricane sandy will go down as one of the costliest storms in u.s. history. what does it mean for insurance stocks? morgan stanley is cutting its earnings by an average of 26%. after sandy. so stephanie link, if you have insur insured losses, some of the numbers hitting 50 billion could go...
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Nov 20, 2012
11/12
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gave us a date. don't forget, they paid apps providers $10,000 to come out with apps, so they targeted 30,000 apps, but nobody uses half a million. so bottom line is sentiment improving. i can tell you from a senate standpoint, i can't tell you i will be there when the new product comes out. i've got a target near term about 11. if it gets there, i'm very happ happy. i'll reassess that point. >> the one-month chart is hard to argue with with. >> during the commercial break, let him play with these. >> i've got it, but that's old technology. the new blackberry technology bears no resemblance. >> terra nova on the show called apple a generational buy. and bought the stock. are you saying you're suddenly negative on america's most valuable company, loved by everybody and owned by many of the people you speak to on a regular basis who run some of the biggest money on the street? >> not at ul. i like the stock. i don't own it. i think it is a very, very cheap stock. i agree with joe. >> the fed chairman i
gave us a date. don't forget, they paid apps providers $10,000 to come out with apps, so they targeted 30,000 apps, but nobody uses half a million. so bottom line is sentiment improving. i can tell you from a senate standpoint, i can't tell you i will be there when the new product comes out. i've got a target near term about 11. if it gets there, i'm very happ happy. i'll reassess that point. >> the one-month chart is hard to argue with with. >> during the commercial break, let him...
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Nov 7, 2012
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thanks for joining us. >> very close night as we expected. so far we're talking 82 electoral votes for governor romney versus 64 for president obama. once we know the winner the work begins. who is better at handling the biggest issue that we face over the near term? the fiscal cliff? >> i think it's even steven. neither candidate has offered to cut anything. i think spending is a problem. i think the way we budget our money is a problem. this baseline budgeting is just horrible and they don't talk about that. they talk about the programs they want to keep. i think it would be even. i wouldn't expect a whole lot of difference. there will be a little benefit with romney on maybe getting taxes cut. and maybe less war with obama. but neither one is assured it. we heard promises so often over the years of the dramatic difference and this is a crucial election. that has been burnt out on that over many decades because we have elections and policies continue exactly the same way. government gets bigger. debt gets
thanks for joining us. >> very close night as we expected. so far we're talking 82 electoral votes for governor romney versus 64 for president obama. once we know the winner the work begins. who is better at handling the biggest issue that we face over the near term? the fiscal cliff? >> i think it's even steven. neither candidate has offered to cut anything. i think spending is a problem. i think the way we budget our money is a problem. this baseline budgeting is just horrible and...
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Nov 6, 2012
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depends on which model you're using. the 2008 model which would give democrats plus 7 or 8 in every single poll in this nonsense or the 2004 model which is even steven or the 2010 model which is plus republicans. but what about a group -- we had ralph reid on this show friday evening. he talked about how evangelical christians are mobilizing in ways we haven't seen in years. how can you be sure that group and other important groups have so much enthusiasm they're not going to come out and vote for romn romney? >> i didn't say i was sure, i said there's indications we can look at the deficit that rom has. jedediah's point, i'm not afraid, i don't feel afraid, but we could talk tomorrow and the next day and see where the fear leads. i think the policemen for mitt romney is not in messaging. jedediah gives the romney message better than he does with regard to -- i don't mean that sarcastically. you sound strong, you're making a clear argument about why you feel some of these things have been tried and failed. i think for mi
depends on which model you're using. the 2008 model which would give democrats plus 7 or 8 in every single poll in this nonsense or the 2004 model which is even steven or the 2010 model which is plus republicans. but what about a group -- we had ralph reid on this show friday evening. he talked about how evangelical christians are mobilizing in ways we haven't seen in years. how can you be sure that group and other important groups have so much enthusiasm they're not going to come out and vote...
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Nov 2, 2012
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thank you for joining us. >> thanks, maria. >> can you walk us through the quarter where price hike is the name of the game? was that the bottom line? >> there were three things positive in the quarter for us. first, it was the sefventh quarter in a row we saw a revenue increase. revenue has been challenging for everybody, but i think getting seven quarters in a row now, we feel good about that. the second thing is our gross margins for the first time in 2 1/2 years rose by 110 basis points. that's the first margin expansion we've seen in over two years. that was a real big driver behind the earnings going up. the third thing is our cost savings continue to be very strong. about 170 basis points of cost savings. those three factors drove performance in the quarter. >> what are you seeing in market demand globally? sales increased in the u.s. and abroad. are you seeing a stronger global story today? >> we are. about 2/3 of our business is in latin america. most of the latin american countries in the mid-single digits. we see better category growth in general. category growth in the u.s.
thank you for joining us. >> thanks, maria. >> can you walk us through the quarter where price hike is the name of the game? was that the bottom line? >> there were three things positive in the quarter for us. first, it was the sefventh quarter in a row we saw a revenue increase. revenue has been challenging for everybody, but i think getting seven quarters in a row now, we feel good about that. the second thing is our gross margins for the first time in 2 1/2 years rose by...
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Nov 10, 2012
11/12
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proudly served in the us air force. my question is -- >> just a second. >> you are a legitimate rocket scientist. always good to have one on board. go ahead. >> earlier this year, with wti between 79 and 80 i scaled down. more recently, wti at 90 a barrel, i sold out. should i use the funds to scale back or should i switch to something more low beta and high yielding? >> where did you scale out? >> about 75, 76. >> get right back in. i think it's the perfect stock to be in. i think you're in great shape. go right back in. thank you for serving. tsro is fighting the fight. caution is key. don't pay up too much. this is the best ipo that i could find for 2012. after the break i will try to make you more money. >> coming up, american service? when ever you think of controversial ceo, his turn around of the too big to fail aig seems indisputable. tonight cramer sits down with him to hear about challenges and victories. how he has brought his military experience to the boardroom. >> the cadets of westpoint have arrived. is c
proudly served in the us air force. my question is -- >> just a second. >> you are a legitimate rocket scientist. always good to have one on board. go ahead. >> earlier this year, with wti between 79 and 80 i scaled down. more recently, wti at 90 a barrel, i sold out. should i use the funds to scale back or should i switch to something more low beta and high yielding? >> where did you scale out? >> about 75, 76. >> get right back in. i think it's the perfect...
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Nov 21, 2012
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> welcome back. ready, set, shop. consumers are set to kick off the holiday shopping condition tomorrow night. steve liesman is looking at just how much they're planning to spend. steve, over to you. >> thanks, maria. if you want to know if consumers are going to spend this christmas, you have to know if they have the means and if they're in the mood to spend. let's take in some key consumer metrics heading into the holiday season. first, we're going to look at home prices. in 2011 at this time before christmas, home prices were falling by 6%. now they're rising by almost 11%. let's take a look now at wages. they were up 3.5% in the year before last christmas. now they're up a little bit more. inflation, of course, takes off some of that. in fact, they are still negative, but less negative than a year ago. how about another key metric, which is consumer sentiment this is 20 points higher. we're going to have
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> welcome back. ready, set, shop. consumers are set to kick off the holiday shopping condition tomorrow night. steve liesman is looking at just how much they're planning to spend. steve, over to you. >> thanks, maria. if you want to know if consumers are going to spend this christmas, you have to know if they have the means and if they're in the mood to spend. let's take in some key consumer...
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Nov 7, 2012
11/12
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because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> with the exception of a couple of gold mining stocks, nearly everything is down today. concerns about the fiscal cliff putting pressure on defense names going over it would, of course, triggermaner to cuts in defense spending. northrup grummond, raytheon, lockheed martin, general dynamics, all lower. >>> we know the president has been tough on wall street. but now wall street is going to have to deal with the very tough elizabeth warren in the senate. but are investors overreacting? jim paulson is still with us, matt mccormick, a bank analyst. jim, overreaction on the financials? >> i think so. the point i'd like to make about the fiscal cliff is that i think congress, the president, everyone, investors included, should step back and realize in the last two years, last few years of gridlock, how much the fiscal issues in this country have improved. yes, improved. we had a 10.4% deficit at the worst. the
because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> with the exception of a couple of gold mining stocks, nearly everything is down today. concerns about the fiscal cliff putting pressure on defense names going over it would, of course, triggermaner to cuts in defense spending. northrup grummond, raytheon, lockheed martin, general dynamics, all lower. >>> we know the president has been tough on wall street. but...
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Nov 6, 2012
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i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 thei
i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully...
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Nov 16, 2012
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joining us now is martin fletcher following the story for us. martin, good morning. we've heard the violence continuing. what's the latest now? >> israel's complain for the cease fire was that palestinians shoulds also cease fire and that didn't happen. and there's been a flurry of activity this morning with israeli airplane strikes on the targets. so more of the same. 85 separate israeli air strike this is 45 minutes. but at least there was an attempt. and the cease fire is a mission of support, but also to try to encourage hamas to deal with the more longer term cease fire. there is a possibility that the turkish prime minister will also visit gaza. so there are s. a lot of international pressure building up on hamas to agree to a cease-fire mainly because everyone is of a phrase of an israeli ground invasion. all signs are that ez really is really building up its forces. 16,000 soldiers have been summoned to their bases. so israel is making every preparation for an invasion of ground invasion of gaza. doesn't mean it could happen. it could just be a show of force.
joining us now is martin fletcher following the story for us. martin, good morning. we've heard the violence continuing. what's the latest now? >> israel's complain for the cease fire was that palestinians shoulds also cease fire and that didn't happen. and there's been a flurry of activity this morning with israeli airplane strikes on the targets. so more of the same. 85 separate israeli air strike this is 45 minutes. but at least there was an attempt. and the cease fire is a mission of...
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Nov 21, 2012
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Nov 19, 2012
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it allows us information faster, allows us action faster. and it surfaces both in a much more compelling way so that i believe that people can can really focus on what's most meaningful and the technology disappears and is additive when we want it to be. >> people have called you the next steve jobs. is that how you see yourself? >> not at all. i see -- you know, steve has been a great inspiration for our industry. but the best thing that he ever said was that you have to follow your own path. you have to make your own path. and you have to come reinvent yourself and innovate. so we're taking our own path. >> my thanks to jack dorsey. >>> up next on "the wall street journal report" we take a look at the news this upwomaning week that will have an impact on your money. if you think running a restaurant is hard, try running four. fortunately we've got ink. coming week that will have an impact on your money. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our busi
it allows us information faster, allows us action faster. and it surfaces both in a much more compelling way so that i believe that people can can really focus on what's most meaningful and the technology disappears and is additive when we want it to be. >> people have called you the next steve jobs. is that how you see yourself? >> not at all. i see -- you know, steve has been a great inspiration for our industry. but the best thing that he ever said was that you have to follow...
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Nov 20, 2012
11/12
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a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads cut off at has been the way of the french. stick with cramer are. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. you'll find the technology to help you become a better one is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. s
a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads cut off at has been the way of the french. stick with cramer are. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. that bringing you better technology...
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Nov 14, 2012
11/12
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but there are also millions of people who may not have voted for us but are also counting on us. and we take that responsibility very seriously. i take that responsibility very seriously. and i hope and intend to be an even better president in the second term than i was in the first. jonathan carl. >> thank you, mr. president. senator john mccain and senator lindsey graham both said today that they want to have water gate style hearings on the attack on the u.s. consulate in benghazi and said that if you nominate susan rice to be secretary of state they will do everything in their power to block her nomination. as senator graham said, he simply doesn't trust ambassador rice about what she said about benghazi. would those threats deter you from making a nomination? >> first, i'm not going to comment on various nominations that i'll put forward to fill out my cabinet for the second term. those are things that are still being discussed. but let me say specifically about susan rice. she has done exemplary work she has represented the united states and our interests in the united nati
but there are also millions of people who may not have voted for us but are also counting on us. and we take that responsibility very seriously. i take that responsibility very seriously. and i hope and intend to be an even better president in the second term than i was in the first. jonathan carl. >> thank you, mr. president. senator john mccain and senator lindsey graham both said today that they want to have water gate style hearings on the attack on the u.s. consulate in benghazi and...
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Nov 1, 2012
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dan, stay with us. we'll be back with you in just a second. >> no signs of any real pick up from japan's consumer giant in their latest earnings. still battling a stubbornly strong yen, weak demand. sony numbers all missed market expectations. market cap 120 billion, this year worth only $11 billion. >> ouch. >> how the mighty can fall. >> and panasonic trading at it lowest level since 1978. so really a lot of trouble in the japanese tech sector. sharp lost more than $3 billion in its latest quarter despite being profitable a year earlier. still sharp's president admits the company will turn to profit helped by massive job cuts and the sale of overseas assets. >> and still to come, big lines at gas stations in the u.s. hit by sandy. we'll discuss the outlook for prices with a guest who says shortages will continue for several days in the hardest hit areas. >>> plenty of focus on energy today. weaker prices taking their toll on shell. posting a 15% drop in its third quarter profit following a fall in pri
dan, stay with us. we'll be back with you in just a second. >> no signs of any real pick up from japan's consumer giant in their latest earnings. still battling a stubbornly strong yen, weak demand. sony numbers all missed market expectations. market cap 120 billion, this year worth only $11 billion. >> ouch. >> how the mighty can fall. >> and panasonic trading at it lowest level since 1978. so really a lot of trouble in the japanese tech sector. sharp lost more than $3...
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Nov 5, 2012
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sandy clearly is an opportunity for us to use our equipment, our expertise and our talent just to be able to come back and help people get back up and running again. but ultimately won't offset all that but it does give us opportunity to be able to work with our customers, build that reputation and trust and help them grow their companies later. >> so you really need to see municipal budgets improve and you need to see europe improve in order for the main part of your business to get on the right track? >> well, you've got emerging markets. emerging markets are growing substantially. so a big focus of our attention is in the emerging market as well as even with public utilities, bringing their operating costs down, bringing energy-efficient solutions allow them to bring their cost downs so they can invest in the other areas. so we're focused obviously in how we can help them operate in a more efficient way. so it's not just moving water. it's treating and it's testing, and we all know the quality of water has been a key opportunity for us. >> gretchen, thank you so much for coming by
sandy clearly is an opportunity for us to use our equipment, our expertise and our talent just to be able to come back and help people get back up and running again. but ultimately won't offset all that but it does give us opportunity to be able to work with our customers, build that reputation and trust and help them grow their companies later. >> so you really need to see municipal budgets improve and you need to see europe improve in order for the main part of your business to get on...
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Nov 5, 2012
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that will do it for us. next week the story continues and the work begins, we'll have reaction to the 2012 presidential election and look at what the president will be dealing with. each week keep it here where wall street meets main street. have a great week, everybody, i'll see you next weekend. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer.
that will do it for us. next week the story continues and the work begins, we'll have reaction to the 2012 presidential election and look at what the president will be dealing with. each week keep it here where wall street meets main street. have a great week, everybody, i'll see you next weekend. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz...
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Nov 15, 2012
11/12
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hope you join us 4:00 p.m. eastern. the co-founders of the fix the debt campaign, which many corporate leaders are backing. they'll tell us how they think washington can come together and reach a deal, bill. >> sure would be great to figure that out. maria, looking forward to that. i'm bill griffeth here at the new york stock exchange. markets continue to feel the sting of the uncertainty surrounding the fiscal cliff crisis. look at the dow, for example. it can't decide whether to go higher or lower today. it's been zigging and zaging all session today. down 42 points. that's about the midpoint of the range. the nasdaq is down 11 points, about 1/3 of a percent. the s&p 500 index also trading lower, down 3 1/3 points. some long-time traders may say the first and final hours of the trading day are the most important. since the market highs back on september 14th at the time that qe-3 was announced by the fed, the s&p 500 has suffered the biggest percentage declines in the final hour. this chart shows a typical trading day
hope you join us 4:00 p.m. eastern. the co-founders of the fix the debt campaign, which many corporate leaders are backing. they'll tell us how they think washington can come together and reach a deal, bill. >> sure would be great to figure that out. maria, looking forward to that. i'm bill griffeth here at the new york stock exchange. markets continue to feel the sting of the uncertainty surrounding the fiscal cliff crisis. look at the dow, for example. it can't decide whether to go...
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Nov 28, 2012
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so it was a very strong quarter for us. one of the things, and i know it is not as important as it used to be, but your heritage brand, 3% increase, this is a major change. it is in the midst of a tremendous turnaround, so we are expecting a strong third quarter. we expect revenue up somewhere in the six to seven percent range and very strong earnings. >> is that jc penney? who is driving that? >> a big piece has to do with the jc penney business. we put those new shops in, back to school and they have continued to deliver strong results for us and for jc penney. we are very happy the way that the izod brand is doing. >> sandy had to shut down a lot of stores for you. >> the hurricane, the storm, 35-40% of your business is done in that territory. it is a big part of our business. it did impact us in the first part of november. we were were able to still raise the year we were able to do. we were looking for a big 4th quarter. revenues will be up 7%. we were looking for earnings per share growth based on the guidance. so, we
so it was a very strong quarter for us. one of the things, and i know it is not as important as it used to be, but your heritage brand, 3% increase, this is a major change. it is in the midst of a tremendous turnaround, so we are expecting a strong third quarter. we expect revenue up somewhere in the six to seven percent range and very strong earnings. >> is that jc penney? who is driving that? >> a big piece has to do with the jc penney business. we put those new shops in, back to...
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Nov 21, 2012
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a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads guillotined at has been the way of the french when they exact revenge. stick with cramer. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally.
a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads guillotined at has been the way of the french when they exact revenge. stick with cramer. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male...
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Nov 7, 2012
11/12
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jonathan, start us out. i think you have a question for the senator on the fiscal cliff issue. >> hello, senator. one of the -- >> hello. >> -- questions that i'm hearing from investors is a timing issue. there's so much to work through between now and year end. how much are we going to be able to address now and how much are we going to have to push off into next year and what might the process be to resolve some of those from kind of a timing perspective? >> well, it certainly would be very constructive if we could get some of these things solved now rather than deal next year. for instance, some of my colleagues in the senate think we should go over the cliff and then maybe go back and lower some tax rates back down to where they were prior to the cliff. i for one think that's a terrible idea. i think we ought to extend the current tax rates in their entirety and work through some pro-growth tax reform. we've tried to suggest this. at any time get too much progress on the other side. i'm just hoping now t
jonathan, start us out. i think you have a question for the senator on the fiscal cliff issue. >> hello, senator. one of the -- >> hello. >> -- questions that i'm hearing from investors is a timing issue. there's so much to work through between now and year end. how much are we going to be able to address now and how much are we going to have to push off into next year and what might the process be to resolve some of those from kind of a timing perspective? >> well, it...
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Nov 1, 2012
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what that does for us, it puts us where consumers want to shop. more consumers want to buy natural and organic but they also want to do it in a convenient way. that gives us the best growth opportunity going forward. >> does the supermarket tell you we're going to move you over? are there slotting fees where you pay them to move over? it would seem to me that your presence in the supermarket is so much bigger than it was a year ago. >> it's grown a lot. we do pay slotting oftentimes when we go to a mainline aisle. it's one of the best return on investments that we can make, so we're happy to do it. the key is just convincing the chain and the people making the decisions that natural and organic is really not a fad. it's a very mainstream idea and this consumer that's attracted to natural and organic products is a really strong consumer. college-educated. great income. really loyal to stores that do a good job for them in this area. so we make that story and when we move over, we really drive category growth for the retailer. we drive more profit f
what that does for us, it puts us where consumers want to shop. more consumers want to buy natural and organic but they also want to do it in a convenient way. that gives us the best growth opportunity going forward. >> does the supermarket tell you we're going to move you over? are there slotting fees where you pay them to move over? it would seem to me that your presence in the supermarket is so much bigger than it was a year ago. >> it's grown a lot. we do pay slotting oftentimes...
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Nov 2, 2012
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that gives us a number to use for the job creation under president obama. i'm sure this will be part of the discussion. we added up the numbers. here they are under president obama. beginning in february '09, this is how republicans would look at it. 580,000. that's the right number, folks. another number out there is the wrong number. i talked to the senior in the division of labor statistics. some democrats say you can't blame obama for the first three months but it was a huge decline before any of his policies took over. $2.1 million would be the number. if you take that out. congress says forget about democrat or republican, what about the cycle from the beginning of president obama's term through the trough in jobs that was minus 3.2 million, from the trough we're now plus 4.3 million. the time period over obama's presidency, ss aboit is about a. it is up a tick. it began at 7.8%, but all the way up to 10%, then a slow halting ride down. don't think these numbers will change anybody's point of view when it comes to the election but those are the number
that gives us a number to use for the job creation under president obama. i'm sure this will be part of the discussion. we added up the numbers. here they are under president obama. beginning in february '09, this is how republicans would look at it. 580,000. that's the right number, folks. another number out there is the wrong number. i talked to the senior in the division of labor statistics. some democrats say you can't blame obama for the first three months but it was a huge decline before...
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Nov 13, 2012
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justin, thanks for joining us. first of all, this little spat on the two year extension, how much >> of course they're politicians and in jean claude's own words, different circumstances. they have to get reelected. christine lagarde is head of the imf and the imf needs to get the problem sorted out as quickly as possible regardless of political concerns. so you can see which way they're coming from here. as i say, the mnumber 120% is plucked out of the air. there already appears differences over what the current 2020 is, some are saying 14 #%. but reporting that some of the troy came members are saying this, others saying between 140 and 150. of course they do rely on quite a lot of assumptions about gross tax receipts and spending cuts. >> with a matters isn't the 2020 versus 2022 language. what they're implying is whether the official sector has to take. yesterday we heard smaghi say he thinks a maturity extension will happen. so is that going to extend to the official sector and does it have to in your view? >>
justin, thanks for joining us. first of all, this little spat on the two year extension, how much >> of course they're politicians and in jean claude's own words, different circumstances. they have to get reelected. christine lagarde is head of the imf and the imf needs to get the problem sorted out as quickly as possible regardless of political concerns. so you can see which way they're coming from here. as i say, the mnumber 120% is plucked out of the air. there already appears...
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Nov 15, 2012
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thanks for joining us. now down to simon. >>> just to repeat that breaking news, the chairman of the federal reserve believes that we're not out of the woods whether it comes to housing. it is, he says, a critical challenge now for all policymakers. so what will the impact to the fiscal cliff be on that housing recovery if the mortgage deduction is taken away. that's ahead on the program. >>> plus, today at 4:00 on "the closing bell," erskine bowles and alan simpson. no one has better insight on the fiscal cliff. that's coming up at 4:00. >>> over the past decade, u.s. debt has grown at an average rate of 10% per year. [ male announcer ] introducing the new dell xps 12. part of a whole new line of tablets from dell. it's changing the conversation. ♪ it's changing the conversation. those little things for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in yo
thanks for joining us. now down to simon. >>> just to repeat that breaking news, the chairman of the federal reserve believes that we're not out of the woods whether it comes to housing. it is, he says, a critical challenge now for all policymakers. so what will the impact to the fiscal cliff be on that housing recovery if the mortgage deduction is taken away. that's ahead on the program. >>> plus, today at 4:00 on "the closing bell," erskine bowles and alan simpson....
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